NYSE Moves Forward with Crypto ETF Listings Despite SEC Shutdown

Despite the US government shutdown halting most operations at the Securities and Exchange Commission (SEC), the New York Stock Exchange has announced listings for four new spot cryptocurrency funds. This move signifies a shift towards streamlined approval processes, as asset managers like Canary Capital, Bitwise Asset Management, and Grayscale are forging ahead with launches of Litecoin and Solana ETFs even as SEC staff continue to operate at reduced capacity.